Library:Easy Money
| Easy Money: Cryptocurrency, Casino Capitalism, and the Golden Age of Fraud | |
|---|---|
| Author | Ben McKenzie & Jacob Silverman |
| First published | 2023 |
| ISBN | — |
| Role | Analysis |
| Domains | Business, Finance & Scams Technology & Internet |
| Tactics | Fraud or Scam |
Easy Money: Cryptocurrency, Casino Capitalism, and the Golden Age of Fraud is a 2023 book by Ben McKenzie & Jacob Silverman.
Summary
Actor Ben McKenzie, known for the television series The O.C. and Gotham, and journalist Jacob Silverman investigate the cryptocurrency boom. McKenzie became one of crypto's most prominent skeptics and testified before the US Senate Banking Committee in 2022.
Key points
- Crypto as speculation. The authors argue that most cryptocurrencies function like speculative bets that depend on new buyers.
- Sam Bankman-Fried. McKenzie interviewed Bankman-Fried shortly after FTX collapsed.
- Celebrity promotion. They criticize celebrities who promoted crypto to ordinary investors.
Relevance to Bullshitopedia
The book adds an outsider's skeptical view to the crypto cases in Bullshitopedia.